The Trade Dollar, minted between 1873 and 1885, is a historically significant American coin created for trade with Asia. Composed of 90% silver and 10% copper, each coin weighs 27.22 grams and contains approximately 0.7874 troy ounces of pure silver. Designed by William Barber, the obverse features Lady Liberty seated on a bale of goods, holding an olive branch and symbolizing peace and trade, while the reverse showcases an eagle with outstretched wings clutching arrows and an olive branch. Notably, the Trade Dollar was the first U.S. coin to have a higher silver content than the standard dollar, aimed at making it more competitive in international markets. Collectors highly prize these coins for their historical significance, unique purpose, and detailed design, making the Trade Dollar a valuable addition to any numismatic collection or investment portfolio.
